What Is Ecomi?

ECOMI is a community for digital collectibles operating on the blockchain technology. For the first time in history, this application enables users to own digital assets (or digital collectibles), thanks to blockchain technology. The vision of the platform is to create a major platform for the collectible digital assets.

With the app, users will be able to buy, sell, and trade licensed, premium digital assets. Through the app, users are able to browse several apps, view, and purchase digital assets and become their official owners. ORBIS Blockchain Technologies Limited, a New Zealand-based firm and the owner of Secure Wallet, is the company behind the development of ECOMI app.

ECOMI Features

Principal features of ECOMI include:

  • Collectibles Marketplace: ECOMI enables users to browse the marketplace and find their favorite premium licensed digital collectible releases
  • Social sharing: for users who are ready for some ‘Show and Tell,’ they can get community love and rewards when they share their collectibles and showrooms.
  • Augmented Reality (AR): The collectibles are made to be seen. Users can bring life to their collectibles by using their smart phones with ECOMI Collect AR.
  • Gamification: ECOMI users can challenge themselves and other collectors with ECOMI Collect games. With each success, they can level up, and win.

ECOMI is developed on the premise that the collectibles industry generates more than 200 billion US dollars per year, which implies that collectible buyers are not merely a small group of people collecting stamps and coins. Over the decades, collectibles have developed into a multi-billion industry that involves several fields.

The ECOMI Collect DApp is downloadable free, and is compatible with ios, Android, and PCs with the basic features and functionality to drive the ECOMI Collect ecosystem.

Primary Collectables Marketplace

ECOMI seeks to provide its users with a primary collectables marketplace where they will purchase the digital collectible directly from the application. Using the app, users can buy the digital items with fiat currency while the purchases automatically convert into OMI tokens.

The digital collectibles on the ECOMI Collect platform are available in five levels of supply categories:

  • Common
  • Uncommon
  • Rare
  • Ultra Rare
  • Secret Rare

The collectibles have different degrees of supply. For example, Common collectibles score 62% of the general individual supply of collectibles while the Secret Rare collectible scores 1%. Any digital collectible purchased will have its supply reduced and the purchased ‘edition’ removed from the pool of the available editions of collectibles.

ECOMI Collect will exclusively offer the collectibles on the primary marketplace, organizing them by brands, categories, and types. The app will display the prices in both OMI tokens and fiat currency. The trading price of the OMI token will determine the Fiat to OMI peg.

ECOMI Secure Wallet

The ECOMI Secure Wallet is the first wireless, credit-card-sized, cryptocurrency hardware wallet in the market. It supports various cryptocurrencies including Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. The wallet will soon support EOS, USDT, and ERC20 tokens. It will securely store ECOMI Digital Collectibles—the Non-Fungible Tokens.

The ECOMI Collect Wallet connects both the digital and physical worlds of the ECOMI platform, pairing with the DApp through Bluetooth connection. The Secure Wallet, just as its competitors, provides a cold storage for the digital funds. It keeps the private keys of the users and provides a recovery phrase that is generated at the time of setup. This gives the users the opportunity to restore their tokens to another secure wallet if they lose their wallet or the hardware malfunctions.

The views and opinions expressed in the article Licensed Blockchain Digital Crypto Collectibles? do not reflect that of 48coins, nor of its originally published source. Article does not constitute financial advice. Kindly proceed with caution and always do your own research..

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